Halo Cost fails to offer possession or govt info on its web site.
Halo Cost’s web site area (“halocharge.life”), was registered with bogus info on September 4th, 2023.
If we take a look at Halo Cost’s web site source-code we discover Chinese language:
This strongly suggests whoever is working Halo Cost has ties to China.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Halo Cost’s Merchandise
Halo Cost has no retailable services or products.
Associates are solely capable of market Halo Cost affiliate membership itself.
Halo Cost’s Compensation Plan
Halo Cost associates make investments Pakistani Rupees (Rs.).
That is accomplished on the promise of marketed returns:
- Evinn-PL-30 – make investments Rs. 1000 and obtain Rs. 140 a day
- Evinn-PL-50 – make investments Rs. 3000 and obtain Rs.500 a day
- Evinn-PL-70 – make investments Rs. 9000 and obtain Rs. 1600 a day
- Evinn-PL-90 – make investments Rs. 20,000 and obtain Rs. 3850 a day
- Evinn-PL-122 – make investments Rs. 50,000 and obtain Rs. 10,400 a day
- Terra CA 60 – make investments Rs. 100,000 and obtain Rs. 22,700 a day
- Terra CA 90 – make investments Rs. 200,000 and obtain Rs. 50,000 a day
- Terra CA 122 – make investments Rs. 300,000 and obtain Rs. 83,000 a day
- Terra CA 220 – make investments Rs. 500,000 and obtain Rs. 200,000 a day
The MLM facet of Halo Cost pays on recruitment of associates traders down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 20%
- degree 2 – 5%
- degree 3 – 1%
Becoming a member of Halo Cost
Halo Cost affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal Rs. 1000 funding.
Halo Cost Conclusion
Halo Cost is one more “click on a button” Ponzi scheme, this time concentrating on Pakistan.
Halo Cost’s “click on a button” Ponzi ruse is electrical car (EV) charging.
Damaged down, Halo Cost’s ruse sees associates log in and click on a button to put money into EV charging stations.
Halo Cost represents income is then generated by clients utilizing the EV charging stations, a proportion of which is shared with traders.
That is in fact nonsense. There isn’t a EV charging stations or clients.
All Halo Cost is doing is recycling newly invested funds to pay earlier traders.
Halo Cost is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.
Though not the very same ruse, examples of already collapsed “click on a button” app Ponzis utilizing an identical ruse embrace Gollong Photo voltaic, SunSolar and L.NE.
Together with Ant Halo Cost, BehindMLM has so far documented eighty-eight “click on a button” app Ponzis. Most of them final a number of weeks to some months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of traders with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
